Deposit-credit book.



PATENTED MAR. 1o, '1903. T. D. TAYLOR. DEPOSIT CREDIT BooK.

APPLICATION FILD SEPT. 9, 1901.

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, L D. TAYLOR.. PATENTED MAR. 1o, 1903.

DEPOSIT CREDIT BOK.

APPLICATION FILED SEPT. 9. 190'1.

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THE DEPARTMENT ETURE BANK,

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THIS MERCHANDISEYOUCHER wo Ll.. No1' BEnoNoREn UNLESS AccoMP'ANlED BY BANK BooK,

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BRANCH oF THE TRUsT COMPANY.

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0ur 0F NET aALANcE' DUE ME, Aeonmwe To my BANK BooK, WHICH rs PRESENTED HEREwrrH.

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UNITED STATE-s ATENT FFICE@ THOMAS D. TAYLOR, OF ORANSTON, RHODE ISLAND.

DEPOSITfCRLEDIT BOOK.

SPECIFICATION forming part of Letters Patent N o. 722,391, dated March 10, 1903. Application filed September 9, 1901. Serial. No. 74,858. (No model.)

To a/ZZ whom, it may concern:

Be it known that I, THOMAS D. TAYLOR, a lcitizen of the United States, residing at Cranston, in the county of Providence and State to me February 4, 1902, and my present in! vention relates to certain novel features supplementary and auxiliary thereto.

In the drawings, wherein like letters of reference indicate like parts throughout the views, Figure l is a face view of my merchandise deposit-book; Fig. 2, alike view of my merchandise-voucher; Figs. 3 and A, similar views of the certilied check and cash-voucher, respectively.

In Fig. lis displayed the ordinary savingsbank-deposit book combined with a merchandise-account lettered, respectively, A and B. In this case the acting bank is a department-store bank, so called-that is, an ofcer of some bank or trust company is stationed in the department-store adopting this system and guarantees the deposits with the department-store on behalf of the bank represented. Page Ahas the usual savings-bank heading, with added columns a. and b, the former for the signature of the bank representative who guarantees the deposit and the latter showing the net balance available for credit after deduction from cash balance c of balance due stores d. Page B is a record of purchases made by the depositor from the department-store or other creditor containing a merchandise account, which includes columns for the date of credit purchase c, amount of purchase f, time of credit g, and record of payments h. A column 't' shows the Aamount in column d.

individual receiving payment` on behalf of the depositor is receiving. of Rhode Island, have invented certain new Y A convenient way of utilizing the book above described was outlined in my aforesaid previous patent. The depositor orholder of the book showing an entry in column c presents the same to a merchant from whom he desires to purchase an article, who enters the date of the credit purchase, amount of same, and days of credit under the appropriate heads in columns @,f, g, and d. If or when any amount charged in the merchandise account is paid entry of such amount is made in column h, party receiving payment in column t', and said amount is deducted from The excess of the footing of column c over column d at any stated time may be entered in column b, which always shows the amount of credit with which the depositor can trade. As shown in my previous patent, this book may be modified when it is desired to trade with more than one merchant.

This invention has thus far been discussed upon the basis of a presentation of the bank- `deposit book alone; but the following supple- 'ulated period of credit as a contingent withdrawal. It is true of this form, as of those hereinafter enumerated, that thereby the depositor may obtain credit without personal appearance. l Referring now to certified checkv slip, (shown in Fig. 3,) it need only be remarked that its negotiable form after certification is such as to enable the depositor who signs the same to employ it as would any national-bank depositor. l

The cash-voucher, Fig. 4, as its name implies, is employed in cash transactions and is a convenient proof tothe bank of payment to the depositor.

The use of my invention, as hereinabove elaborated, has been based upon the exist- ICO ence of a deposit-book; but the inventor does not desire to limit himself to this expression of his principle.

Having thus described my invention, what I claim as new, and desire to secure by Letters Patent, is-

A deposit-credit book comprising separate oppositely arranged and facing pages, one of which constitutes a deposit-sheet and is provided with appropriatelyheaded spaces for data relating to deposits, one of said spaces being for entries of the cash balance and another for the available or net balance; the other of said pages constituting an accountsheet provided With appropriately headed spaces for data relating to commercial transactions other than those with the bank, one of said spaces being for the credits received coupon portions containing notice to the holder to accompany the Voucher with the said credit-book.

In testimony whereof Ihave affixed my signature in presence of two Witnesses.

THOMAS D. TAYLOR. Witnesses:

MAE E. BELLoWs, HORATIO E. BELLoWs. 

